|Last Price$53.75||Day Change (%)0.26%|
|Open Price$53.59||Day Change ($)0.14|
|Day Range53.32–53.99||52-Week Range32.93–54.05|
As of Mon 03/10/2014 02:25 PM EST | USD
On Thursday, Protective Life PL announced lower-than-expected fourth-quarter earnings and 2007 guidance slightly below our estimate. As a result, we have reduced our fair value estimate. The lower results reflect higher-than-expected costs associated with Protective's capital markets solution ...
Another day, another VA pullback. This time, Protective Live is putting the brakes to sales of its variable annuities, including clamping down on 1035 exchanges.
Deal includes acquisition of Axa's MONY Life Insurance, reinsuring a block of life policies.